(240) 474-9774

REFI-CASHOUT LOAN PROGRAM*

Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.

QUALIFICATION

• 680 Minimum FICO Score

• 6 Months of Cash Reserves 

• No Derogatory Public Records in the Past 2 Years

 12 MONTH ELIGIBLE PROPERTIES

• Non-Owner Occupied 1-4 Family Real Estate; Condos; Townhomes: 5+ Unit Apartments; Mixed-Use Properties

12 MONTHS REFI/CASH-OUT

Refinance: Up to 75% As-Is + 100% of Renovation Costs; Not to Exceed 60% of the ARV

Cash-Out: Up to 70% As-Is + 100% of Renovation Costs; Not to Exceed 55% of the ARV

Rates: Starting at 10.49% 

LONG TERM MUTI-FAMILY ELIGIBLE PROPERTIES

 5-9 unit buildings

30 YEARS MUTI-FAMILY  REFI/CASH-OUT

Refinance: Up to 67.5% of the As Is Value (720+ score with experience)

Cash-Out: Up to 65% of the As Is Value (720+ score with experience)

Rate: As low as 7.25 %





30 YEARS ELIGIBLE PROPERTIES

Non-owner Occupied 1-4 Family Residential Properties; Condos; Townhomes; Portfolios, and short term rentals

30 YEARS  REFI/CASH-OUT

Refinance: Up to 75% of the As Is Value (720+ score)

Cash-Out: Up to 70% of the As Is Value (720+ score)


Refinance: Up to 80% of the As Is Value (740+ score)

Cash-Out: Up to 75% of the As Is Value (740+ score)


Rate: Starting at 6.49% for 1-4 family properties
Prepayment Penalty: 0-5 years, shorter prepay periods will have higher rates
Minimum DSCR of 1.10, if credit less than 720, minimum DSCR of 1.20



Quick Close

Close in 2 to 3 weeks or in as little as 10 days on repeat business.

Easy

Low documentation and simple application process.

Transparent

All fees and payments clearly disclosed.

* This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. Smart Real Estate Solution reserves the right to amend rates and guidelines. The above statements are not and shall not, under any circumstances, be construed as a commitment on the part of Smart Real Estate Solution to provide any financing. SMART REAL ESTATE SOLUTION SHALL BE UNDER NO OBLIGATION TO FUND ANY LOAN TO ANY BORROWER UNLESS AND UNTIL IT IS SATISFIED, IN ITS SOLE AND ABSOLUTE DISCRETION, WITH ITS DUE DILIGENCE REVIEW AND FORMAL LOAN DOCUMENTS PREPARED BY ITS COUNSEL.

We are experienced real estate investors in , and specialize in off-market properties.

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